http://therealdeal.com/newyork/articles/developers-say-they-re-exposed-in-downtown-brooklyn

There are some very good rental deals to be gotten in "Downtown Brooklyn"..........Competition seems to be good for the consumer!

Check this out!

Halstead.com/fayekohn

$1800 for one bedroom in Downtown Brooklyn is absurd.

The time is NOT right for rentals.

you can live in Manhattan for those prices. Why would anybody want to live in DT Brooklyn over Manhattan?

Space, probably. (Bigger rooms.)

Well, I can't imagine rooms any smaller than in that Gold Street apartment. Yikes!

The ammenities are superb! Pool, Onsite parking, huge rooftop Garden, HUGE state of the art fitness center and the Finishes....the Finishes are as good as it gets for CONDOS.....Surround sound speakers with I-pod/Mp3 docking stations...washer/dryers in all one and two bed units...interested email me and I will setup an appointment!

Fayek how much are 1 beds going for? Since the building is just opening most of those amenities will not be ready for months no? Is parking included in rent?

Lipstick on a pig.

Onsite parking? Most people looking in that rental bracket don't have cars and can't afford them anyway.

I've seen most of these in-house "fitness centers" and pools -- if more than three tenants are using them at the same time, it's impossible to do a a real workout.

Surround sound speakers and mp3 docking stations? I already have my own stereo, thanks.

What I WOULD love, for nearly $1900/month, is an apartment with a real kitchen (not just appliances in an already tiny living room), and a grown-up sized bedroom that can fit a proper queen-sized bed, dresser, and night stands.

Yes, you can rent in Manhattan for those prices... but new construction with those bells and whistles... that is a huge discount. You're not getting them in Manhattan.

You can call it lipstick on a pig, but its expensive lipstick that people paid VERY large sums for in the past.

you can be in a 1 bed with a doorman, pool and terrace for around 2000 right now on the UES. So why the hell would I try some unproven area in Brooklyn when the price is the same?

NYCmatt

Have you seen those units yet? Yes they have REAL KITCHENS and marble floors in the kitchens! And a grown up sized bedrooms...AWESOME

The fitness center is 6,000 square feet...so yes! It is possible to have a real workout!

And the pool is 50 ft. and skylit...the lobby has double height ceilings and the hallways are actually wider than most NEW CONDO Hallways....and FYI...Bike storage Too...!

"in the past"

People did lots of things in the past - burned blasphemers, for instance - that they no longer do.

Paying oodles for marble countertops is just the latest entry on the list.

And You can enjoy ALL the ammenities without extra fees! no maintenance....gas and water included in the rent!

Amenities. Not ammenities.

Parking is an amenity, you are claiming no charge?

And lose the exclamation points!!!!!!!!!

Fayek are any of those amenities even open yet? I bet the pool is 6 months away from being opened which is the problem with signing in a new building. Also this building looks over some bad projects!

Fayek, just for clarification: are you marketing these units here to us?
Are you the broker handling these apartments?
Thx.

modern

Besides for the parking which there will be a charge, the pool and fitness center, roof deck garden, bike storage and valet service for your dry cleaning and cold storage, these amenities are paid for by condo owners with "maintenance fees" as opposed to being in this new rental developement!

Fayek is the pool even opened yet?

pyxis

Absolutely! If you are interested you can see more details @halstaed.com/fayekohn

samadams

It will be open in three months!

pyxis

I am sorry for the typo!

Halstead.com/fayekohn

too funny! guy is marketing stuff that does not even exist

"you can be in a 1 bed with a doorman, pool and terrace for around 2000 right now on the UES. So why the hell would I try some unproven area in Brooklyn when the price is the same?"

Where? I've actually been looking. I saw one listed at $2700, and it was a fraud. There aren't many buildings with polls on the UES. 265 E 66th apartments start in the $3500-4k range for 1 bedrooms still.

samadams

Its a gal!

And the building sure does exist. there are model apartments now open for viewing. people moving in shortly!

Onsite parking, even if you pay for it, is still an amenity. Not having to go to a separate garage, taking your stuff right up the elevator, is definitely nice.

And generally its often subsidized a bit.

> "in the past"
> People did lots of things in the past - burned blasphemers, for instance - that they no longer do.
> Paying oodles for marble countertops is just the latest entry on the list.

You are confusing something that you do for resale value (with possible some use yourself) versus an amenity.

Not saying the what people will pay hasn't gone down, but if something someone was willing to pay $1000 to use at some point, its going to have some value.

Whether folks want to pay it or not is something else.

But pretending a Hermes Scarf is worthless because folks don't want to pay $1k anymore doesn't make a lot of sense.

The amenities included here are FREE! There will be a charge for the Onsite Parking! Those amenities are present in New condo buildings where it is standard to pay high maintenance fees to cover them!

Fayek i was talking about you marketing amenities that are not even open yet and will most likley not open for a very long time. If they say 3 months until the pool opens then I would say you would be lucky if it opened in 9 months. Good luck though

that is a good point. 20 pine had some cheapo rentals, but the year ended before anything got finished.

Samadams

the amenities should be available in three months! the building looks over Downtown Brooklyn!

pyxis

Absolutely yes!

Fayek that area is not for me but good luck! I think they will have a hard time filling the building given the locations proximity to the PJ's

"NYCmatt

Have you seen those units yet? Yes they have REAL KITCHENS and marble floors in the kitchens! And a grown up sized bedrooms...AWESOME"

Fayek, now your are just telling boldfaced lies.

The $2008/month apartment you have online right now has NO KITCHEN WHATSOEVER ... just appliances lined up along one wall in the living room. And the bedroom is 10x11 -- barely enough room for a child's bed and youth-sized dresser.

NYCmatt

the photos are that are shown are "SAMPLE" photos! the same kitchen photos are shown for the studio one bed and two bedroom units.

The Actual 2 bed 2 bath photo is much larger than the studio kitchen!
same goes for the Bedroom photo!

I hope this clarifies your misunderstanding!

Fayek, no it doesn't.

I'm looking at a floorplan now for a 1-bedroom that has NO KITCHEN and a bedroom the size of a suburban walk-in closet.

I just checked the photos! they were taken from the studio apartments! As far as the Floor plans there are quite a variety to choose from the kichens in the studios are small they are bigger for the one bedrooms and the 2 bed have even bigger ones!

Fayek my coworker is telling me that the Brooklyner is cheaper and a better location?

Are you now claiming free dry cleaning for residents?

I don't think so.

You claimed "onsite parking" as an amenity, then said all amenities were free. Now you are claiming parking is extra.

You are a classic example of a broker who will say or do anything to make a sale. Facts be damned.

Modern you are a classic word twister!

I did not say that the dry cleaners bill will be picked up by the lanlord! I wrote that the valet service to drop off your stuff and they will hand it over to the dry cleaners is free as opposed to condo owners actually paying maintenance fees for such services! All the amenities EXCEPT for the parking are FREE...included in the rent...Is that clear enough? Twister?

Samadams

Good luck to your friend!

There are plenty of dry cleaners that offer free pickup and delivery. You are somehow claiming that as a "free amenity"?

Hey, I heard you guys offer free drinking water to tenants. Well, not the bottled kind, but you can refill your bottle from a tap! Now that is an AMENITY! FREE WATER!

Oh, and we offer FREE LIGHTING in our elevators. Yup, no extra charge!

samadams?

> "you can be in a 1 bed with a doorman, pool and terrace for around 2000 right now on the UES. So why
> the hell would I try some unproven area in Brooklyn when the price is the same?"
> Where? I've actually been looking. I saw one listed at $2700, and it was a fraud. There aren't many
> buildings with polls on the UES. 265 E 66th apartments start in the $3500-4k range for 1 bedrooms
> still

Where are these apartments you're talking about?

Modern

My condo unit does not include a swimming pool and I pay maintenance! Does yours? And how about gas included in the rent? And concierge service? You point is invalid!

somewhereelse on the UES bet 86 and 96th there are a number of full service buildings for 2000 a month 1 beds.

that have real kitchens, no doubt.

samadams, I get that you can repeat yourself. I don't doubt you there.

I'm asking you to post a link to even just one of them... with a doorman, pool and terrace as you said.

the ! are exhausting.

they're perky. not in a good way.

somewhere, the cheapest deal i've seen (but no exhaustive search) for a decent-sized one bed in a doorman building with a pool (but no terrace) is the $2800 unit at One Carnegie Hill (and they're not having a great time unloading it). there is a $2900 unit at the St. Tropez. There is also a listing for a jr. 1 bed (692 sf, which if not a lie isn't bad, but no floorplan), at the Gotham ($2350), another full-service building with a pool.

somewhereelse since you have such a nice tone you can find them yourself. Learn how to do some Due Diligence and good luck......

I guess the amenities would be important (pool, health club, parking space, etc.) because if you spent any great deal of time IN the apartment you'd have to deal with issues like not having a kitchen and knocking about in closet-sized rooms ...

Oh and I forgot to mention that these units have spacious closets with custom shelving!

where is the report abuse button - SE discussion is not a forum for brokers to sling their crap...

"Oh and I forgot to mention that these units have spacious closets with custom shelving!"

ALL shelving is "custom".

Duh.

NYCMatt

Don't Knock it Till you see it! Dud.

I don't have to see it in person to see that there's no kitchen and the bedroom is the size of a closet.

According to this floor plan the bedroom is far from a closet!

http://halstead.com/floorplan.aspx?image=1776917-fp.gif&street=GOLD+STREET&type=RENTAL&agent=Faye+Kohn&agenttel=718+613-2043&agent2=&agenttel2=&id=1776932

aboutready: Would you hazard a guess as to what those units will actually go for? (Or how much of a lowball offer the building might entertain?)

Been thinking about this a lot - - squishyness on rental list prices.

Fayek,

Please stop. They will never will. You could be showing Rupert Murdoch's 5th ave apartment and they would still bitch about it.

positivecarry

It seems to me that some people just spend their time just B.A.S.H.I.N.G...and H.A.T.I.N.G...!

Yes they do. Everyone's guilty of it at some point. Just stop responding and let the thread slowly fade away. It can only harm your ability to move units if you keep responding.

actually, fayek, i think the board has been positively tolerant in this instance. you OP was OK in that it provided linked info. but you should have in that post identified yourself as the broker in a development, invited inquiries, and left it at that. can you imagine what it would be like here if all brokers decided to use the discussion board to try to move units?

anotherguy, these are all condo units. sadly, as the eventual rent is never recorded it is nearly impossible to tell where things will go for. or you interested in condo units? my suggestion if you are would be to go through the new developments listings and find the large buildings with the largest numbers of rental listings. take a look at the prior rentals and look at the rental history. see how many reductions owners had to take to get things moving. it won't be a perfect snapshot, but it will be a good one.

if we have a net loss in employment over the next 6 months or so, or even if things are flat, i'd think there will be significant stress. the market has absorbed a fair amount of excess condo units in the rental market, but they of course come up for renewal eventually. intersting real estate times.

aboutready the city is still full of people collecting unemploy. checks and living off of credit cards trying to find work. It also takes well over a year to forclose. Stuff was pretty bad this past summer but I imagine next summer will be much worse

"somewhereelse since you have such a nice tone you can find them yourself. Learn how to do some Due Diligence and good luck......"

Ah, I got it now... You made it up!
And when you got called on your bs, you just got pissy.

Fact is, I have done the work, and I have been looking in the last 2 months.... and what you said is a crock.

Thanks for wasting everyone's time.

"It seems to me that some people just spend their time just B.A.S.H.I.N.G...and H.A.T.I.N.G...!"

Well, when a used car salesman lets himself into your living room and then lies to you... wouldn't you be quick to respond?

I love how brokers have ZERO sense of morality, but then are the first to complain about how THEY are treated.

somewhereelse it must be frustrating being so dumb!

Fayek my coworker said Brooklyner is 1200 for a studio !

> somewhereelse it must be frustrating being so dumb!

you can repeat yourself all you want, and call me all the names you want...

but 'tis you who got SCHOOLED.

You have no idea what you're talking about, and now its been proven. Sorry, you were wrong.

"aboutready the city is still full of people collecting unemploy. checks and living off of credit cards trying to find work."

Now I get it... I feel so sorry for you, samadams!

To think that there aren't going to be jobs in the future is to show ignorance of macro economics. Even with the biggest downturn in god knows how many decades, it will turn around. When there's blood in the street....

Does anybody ever use those "rooftop gardens"? All summer I was looking for an apartment and every Saturday and Sunday whenever I was shown one of these things they were always empty. Why bother to show them if no one uses them. Seems silly to me.

Maybe someone should market a building without a roof!